Hostess sets Monday deadline for bidders to show interest

Potential bidders for what’s left of bankrupt Hostess Brands will have until Monday to submit official letters of interest, a spokesman said Tuesday.

The Irving-based maker of Wonder Bread, Twinkies and other snacks has begun selling off its brands and property piece by piece. The move came after a worker strike pushed the cash-strapped company over the edge.

So far, Hostess has received inquiries from 160 parties, including 36 consumer food companies, 45 regional bakers, eight supermarkets and a number of investors, said Lance Ignon. Some companies contacted Hostess on behalf of international firms looking to license production of Hostess’ brands overseas, he said.

No one has expressed interest in buying the whole company, he said.

Of the interested parties, 68 have signed confidentiality agreements and have been given access to the company’s financials.

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